
Lifetime achievement: Benoît Coeuré
Risk Awards 2020: The departing ECB executive has helped transform eurozone financial markets

When Benoît Coeuré takes a new job, things seem to have a habit of taking a turn for the worse. Auspiciously, the former head of the European Central Bank’s market operations, and an architect of its bond-buying programme, is a seasoned crisis manager with a firm grasp of market mechanics and political possibilities.
Coeuré joined the executive board of the ECB in January 2012, just as Greece was embarking on the largest sovereign-debt restructuring in history. The deal was approved by
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